America’s overall image around the world remains largely positive. Across the nations surveyed (excluding the U.S.). A median of 69% hold a favorable opinion of the U.S., while just 24% express an unfavorable view. However, there is significant variation among regions and countries. Below are some of the specifics. To read more details and specifics please go to Pew Research.
Brazil will export a record 27 mmt of corn in 2015, stealing U.S. market share in the process.
By Alastair Stewart
DTN South America Correspondent
SAO PAULO, Brazil (DTN) — Brazil has started harvesting a record second
corn crop and plans to place a lot of it on the international market.
Virtually perfect weather conditions over the last three months will allow
Brazilian farmers to harvest over 52.5 million metric tons in June and July, up
from 48 mmt in 2014, according to Andre Pessoa of Agroconsult, a local farm
consultancy.
The excess will be exported, causing shipments to rise from 20.1 mmt in 2014
to 27.1 mmt in 2015, creating distance between Brazil, the world’s No. 2
exporter, and the Ukraine in third place.
“Brazil now has a ready market for its corn around the world,” Pessoa told
the annual BM&FBovespa agribusiness seminar in Sao Paulo.
He forecasts the majority of the extra export market will be stolen from the U.S.
Brazilian farmers have sold a large portion of the second corn crop, some
60% in the case of Mato Grosso, mainly for export, after multinationals entered
aggressively into the market late last year.
This strategy of forward selling paid dividends this year with farmers
selling before price slid in the first half of 2015. Combined with excellent
yields, farmers in Sorriso, Mato Grosso, can expect to make some money with the
help of government subsidies in 2015 for the first time in three years.
Agroconsult estimates farmers will earn R$271 per hectare ($35.50 per acre)
in 2015 against a loss of R$99 per hectare last year.
The sharp jump in exports in August, September and October will put a strain
on ports but they should be able to cope, said Pessoa.
Expansion of export capacity through northern ports will help in this, he
noted.
Of course, most of the rest of Brazil’s second crop will be consumed by the
local poultry and pork industries, which are expanding and will consume an
extra 2 to 2.5 mmt in 2015.
Climate scientists at NOAA’ National Centers for Environmental Information averaged the observations of rain, snow, and other precipitation from across the country, they found out it the country’s wettest May since records began 121 years ago. In fact, it was the wettest month ever recorded! Places that were wetter than average are shades of green, while places that were drier than average are shades of brown. As you can see across much of the middle of the country, rainfall was 200-300% of average. For more information about U.S. climate conditions, including temperature and extreme weather events, visit the website of the Monitoring Branch at NOAA’s National Center for Environmental Information.
AFIA’s Liquid Feed Symposium Heads to Minneapolis
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